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News

June 24, 2019

Tijuana River Diversion Study

EPA-NADB Tijuana River Diversion Study Executive Summary is now complete. To read more about the possible infrastructure options, please click here.

June 20, 2019

The North American Development Bank provides $2.91 million in loan and grant financing for landfill expansion project in Maverick County, Texas

Maverick County, Texas. - The North American Development Bank (NADB) and Maverick County have signed loan and grant agreements totaling $2.91 million to support a project for the expansion of El Indio Municipal Solid Waste Facility (MSWF) that serves the entire county. The project will benefit all 54,258 residents by providing additional capacity to continue managing the proper disposal of approximately 150 tons of solid waste a day.

June 06, 2019

Project to continue rehabilitation of Tijuana’s “Colector Poniente” to receive US $2.42 million grant

Coronado, California – The North American Development Bank (NADB) and the local water utility, Comisión Estatal de Servicios Públicos de Tijuana (CESPT) have signed a US$2.42 million grant agreement to continue the rehabilitation of a deteriorated section of the collector main “Colector Poniente”, located in the northwestern area of the city of Tijuana, and to help reduce transboundary wastewater flows affecting the Cali-Baja region.

May 30, 2019

NADB Board of Directors approves US $10.5 million in financing for three environmental infrastructure projects

Ciudad Juárez, Chihuahua – The Board of Directors of the North American Development Bank (NADB) approved US$10.5 million in loans and grants to support three new projects in the areas of wastewater and solid waste management, which will benefit communities on both sides of the U.S.-Mexico border.

May 16, 2019

North American Development Bank Board of Directors approves $1.98 billion-peso loan for Line 3 of Metrorrey

Monterrey, Nuevo León. – The North American Development Bank (NADB) announced that its Board of Directors approved a loan for up to $1.98 billion pesos (US$122.62 million) for Regiotren, S.A. de C.V., (Regiotren) to finance the acquisition of electric cars for Metrorrey Light Rail Transit Line No. 3 in Monterrey, Nuevo Leon

April 09, 2019

City of Willcox, Arizona celebrates completion of Wastewater Treatment Plant Upgrades

Willcox, Arizona – The City of Willcox celebrated the completion of improvements to its wastewater treatment plant (WWTP), which will increase the quality of the effluent discharged to Cochise Lake, as well as better wastewater treatment services for 100% of the community. NADB provided a US$4.7 million grant for plant improvements.

April 01, 2019

Grant agreement signed for water system project in the community of José Silva Sánchez, Tamaulipas

The water utility in Soto la Marina, Tamaulipas, to receive US$250,000 grant from the North American Development Bank. Approximately 135 residents to have first-time access to water service.

March 26, 2019

North American Development Bank ‘AA’ rating affirmed by Fitch with a stable outlook

San Antonio, Texas – Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook. Fitch’s annual rating assessment reflects the Bank’s excellent capital position, controlled asset growth and strong risk management with conservative limits for leverage and liquidity.

March 20, 2019

North Alamo Water Supply Corporation celebrates completion of a regional wastewater collection and treatment project

NADB provided US$1.89 million construction grant for wastewater collection components and sewer connections. The project provides first-time services to colonias in Hidalgo County, Texas.

March 20, 2019

Brownsville completes wastewater collection system and residential connections in FM 511-802 Colonias project

Brownsville, Texas – A ribbon-cutting ceremony took place this afteroon to commemorate the completion of a wastewater collection system and residential connections in the FM 511-802 Colonias to provide service to more than 2,200 residents in the southeastern area of the city of Brownsville, Texas.